
Aug 17, 2015 15:53 pm UTC| Insights & Views
Energy pack is mixed today. Weekly performance at a glance in chart table. Oil (WTI): WTI is the best performer today, after price jumped back sharply on Friday. Todays range $41.6-42.7 WTI reached all of our...

Empire manufacturing drops sharply, still no need for panic
Aug 17, 2015 14:47 pm UTC| Insights & Views
Empire state manufacturing survey dropped sharply in August to -14.92, lowest since 2008/09 crisis. While economists were expecting improvement to 5 from prior 3.86, the data was massive disappointment. The concern is...

PBoC’s buying provides confidence to gold bugs
Aug 17, 2015 14:21 pm UTC| Insights & Views Central Banks
Gold bugs have started the week on happier note today, as report released by Peoples Bank of China (PBoC) showed that it has been active buyer in the gold market. Why China reporting gold reserve: In a bid to win...

Greek government faces confidence vote
Aug 17, 2015 13:43 pm UTC| Insights & Views
Last week on Friday, Greek government was able to pass the third bail-out program of 86 billion but not without heavy damage. 222 members of the parliament, voted in favor of the deal, while 64 voted against it and 11...
Bail in clause hit Greek banks today
Aug 17, 2015 13:24 pm UTC| Insights & Views
Euro zone finance ministers on Friday have agreed to new three year bail-out program under which Greek government will receive an assistance of 86 billion over the years of the program. However, the news has not been good...

Aug 17, 2015 13:12 pm UTC| Insights & Views
Observe price behavior of USDCAD as it has been showing demand and supply equation exactly at trendline supports and resistance lines with technical indicators to substantiate.For instance, the pair experienced supports...
Aug 17, 2015 12:44 pm UTC| Insights & Views
CFTC commitment of traders report was released on Friday (14th August) and cover positions up to Tuesday (11th August). COT report is not a complete presenter of entire market positions, since future market is relatively...